Business leaders around the globe are being propelled toward a paradigm shift, expedited by the COVID-19 pandemic. Amid these unprecedented circumstances, investors still perceive Europe to be a stable environment with an abundant supply of skilled labor, robust infrastructure, political stability and a large, addressable market. The EY Europe Attractiveness Survey 2021 focuses on understanding the impact of COVID-19 on foreign investment in Europe and the expectations around investment opportunities in the next few years. The good news is that our survey clearly indicates that foreign investment is set to rebound in Europe, after the 2020 downswing.
To coincide with the release of the 20th edition of the EY Europe Attractiveness survey 2021 (pdf) launched on 7 June, the EY organization set up a virtual panel discussion to share insights on the future of Europe. Karel Lannoo, CEO of the Centre for European Policy Studies (CEPS), a leading think tank and forum for debate on EU affairs, and Julie Linn Teigland, EY EMEIA Area Managing Partner, joined Alessandro Cenderello, EY Managing Partner for EU institutions, to talk about some of the positive signs and developments that are expected to help Europe rebound from the COVID-19 crisis. They were joined by Marc Lhermitte, EY Consulting Global Lead – FDI & Attractiveness, who shared highlights of the latest data from the EY Europe Attractiveness Survey.